16
Feb
17:17
Turkish HRC market pauses after price rises
The Turkish hot rolled coil market appears to have reached the zenith of the current price curve, resorting back to stillness after over a month of intense activity.
With Turkish mills' offers having reached $970-1,000/tonne ex-works for May-rolling allocations, buyers have pulled back, having stocked up sufficiently and having the alternative import supply reinstated. The latter, recently available at up to $930-940/t cfr Turkey from Russia and…
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Anonymous
Very good overview of the weekly steel market.
Anonymous